Jin Rong Jie·2025-12-12 04:54Core Viewpoint - Changfei Fiber Optics (06869) has seen its stock price increase by over 30% this week, with a current price of 47.5 HKD and a trading volume of 1.307 billion HKD, indicating strong market interest and confidence in the company's growth strategy [1] Summary by Categories Company Actions - The company announced the issuance of 70 million new H-shares at a placement price of 32.26 HKD per share, expecting net proceeds of approximately 2.229 billion HKD [1] - About 80% of the proceeds from the placement will be used to develop the company's overseas business, while approximately 20% will be allocated for general working capital [1] Strategic Development - Huatai Securities highlighted the company's commitment to a globalization strategy, enhancing international competitiveness through the establishment of eight overseas production bases [1] - Revenue from the Hong Kong, Macau, and Taiwan regions, as well as overseas markets, has rapidly increased from 398 million RMB (7.0% of total revenue) in 2014 to 4.115 billion RMB (33.7% of total revenue) in 2024 [1] Future Outlook - The company is expected to continue optimizing its capacity layout to respond to the global recovery in fiber optic demand and strengthen the global expansion of its diversified business, supporting long-term growth momentum overseas [1]